- The Promoters / Promoter group of the Company are providing Safety Net Scheme to Original Resident Retail Individual Allottees. Under this Scheme, if the market value of the equity shares falls below the Issue Price at any time during the Scheme Period, i.e. six months from the date of credit of the Equity Shares in the Demat account of the such allottees, the providers will buy only original allotted equity shares of the Company at the issue price upto a maximum of 1,000 equity shares per such allottees.
Those who have applied in Vmart IPO must run on the day of listing to put the sell order.... This stock is not worth investment... However, some punting can be done, if one wants to take some risk.... Let "us" be careful with our money....
29. Rkg| Link| Bookmark|
February 6, 2013 12:57:15 PM
Top Contributor (500+ Posts, 200+ Likes)
Yes. It will in order to keep tab of performance of schemes of such MF houses.
We have Dilip Davde as a person recommending to invest in this IPO - He suggested subscribe for this stock. Lot of members must have invested in this stock based on his recommendation. They should ask him the logic of investment.
Some mutual funds applied to this IPO to bail out this IPO. Fund managers meight have been bribed into putting investor money!!!??? After allotment check which mutual funds applied...and than sell your holdings from such mutual funds.... that is a good idea to keep our money safe...
23. Chem cho| Link| Bookmark|
February 5, 2013 4:57:13 PM
IPO Guru (2500+ Posts, 2700+ Likes)
WELL DONE INVESTORS THOSE WHO ASKED TO APPLY THIS ISSUE ARE NOT ADVISORS
I would advice "all" retail investor to stay away from VMART IPO... those who wants to take minimum risk, can buy CARE now at 825( we have not recieved shares in IPO)... and the risk is very minimum there..... So AVOID Vmart......